NewsLine

Fall 2006

Law | Business | Information | Research | Surveys

ALM Research is a business within ALM Media, Inc. separate from the Editorial Division. ALM Research does not play a role in the surveys published by ALM’s publications such as The American Lawyer and The National Law Journal, but works with the data from their surveys after it is published. ALM Research conducts and publishes other independent research identified as ALM Research products. NewsLine is a free bi-monthly electronic newsletter published by ALM Research. If you are receiving this issue as a forward and would like to become a subscriber, please sign up here.

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For Your Information

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Industry News

Inside Information

Editor's Note

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For Your Information  Law Firm Mergers

The number of impending and possible mergers of major law firms announced during the past few months has, to say the least, been unusually high. Most astonishing of these is the proposed merger between New York’s Dewey Ballantine and San Francisco’s Orrick, Herrington & Sutcliffe. The two have been long-time members of The Am Law 100. Most recently, Orrick was ranked 35th by gross revenue, and Dewey ranked 58th. By size, Orrick ranked 26th in the most recent NLJ 250 report (November 2006), with 924 lawyers, and Dewey ranked 70th, with 544 lawyers. The merger would result in the “mega firm” of Dewey Orrick LLP, with approximately $1billion in annual revenues. If you’ve missed our blog bulletins about recent mergers, read on.

This edition of the newsletter also examines how pro bono was reported this year. We also explore how to find information about law firm office locations in the ALM Research Online database, and give you the “Inside Info” about ALM’s Director of Reprints and Permissions, Syndia Torres.


~ Margaret Daisley,
NewsLine Editor


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In the News | In the Database  Location, Location, Location


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Industry News Pro Bono
Seemingly lost in the shuffle of news, reports, and lists having to do with firm financials are The American Lawyer’s annual Pro Bono Report and rankings. The report is important not only as a reflection of all the good work done by already-hard-working attorneys, but serves as a record for each AmLaw 200 firm’s pro bono efforts in the previous year. Each firm’s rank in the Pro Bono Report also figures prominently in the annual A-List, also published in American Lawyer magazine.

For those who want to cut to the chase and get the searchable spreadsheet containing the rankings and data upon which the rankings are based, click on Pro Bono Report. The spreadsheet is free to subscribers and costs $250 for non-subscribers. The methodology and definitions for the Pro Bono Report, and for all lists and data contained in the ALM Research Online database, can be accessed in one handy document by clicking on ALM Methodology. The Methodology can also be accessed on the home page of ALM Research Online, under the heading ALM Research Toolbox.

Inside information  More Than Reprints – Electricity
Syndia Torres, officially the Director of Reprints & Permissions at ALM Research, is looking for a more descriptive title for what her department does. Yes, reprints – as most traditionally think of them – are a significant part of the overall scheme, but the products and services of the group are much more diverse. Over the years the group has expanded to offer digital rights, plaques, and promotional items. Most recently, the group is expanding to offer promotional brochures and books based on compilations of ALM articles, news items, and features about the client. In other words, not just a reprint, but a custom-published book, which can then be used for marketing or commemorative purposes. Under Syndia’s leadership, the reprint department has grown and evolved so rather than “reprints and permissions”, she offers that “custom marketing services” may be a more accurate title and description of her department.


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Editor's Note Searching the Database
Writing this newsletter has given me the excuse to pursue, with almost-guilty pleasure, searches for information that I might not otherwise have thought to try in the ALM Research Online database. It’s like role-playing, where I put myself in someone else’s shoes and try to imagine their approach to getting the best intelligence available.

If I were (for instance) on the executive committee of a firm looking to move into (for instance) the London market, I’m sure we would want to consider several scenarios – setting up our own office, acquiring an existing boutique, partnering with a firm already in the market, or even merging with a compatible firm. With those suppositions in place, I experimented with a variety of searches – looking at the NLJ 250 spreadsheet information about branch offices, perusing the newly-released Global 100 spreadsheet to get a sense of the size and profitability of U.K.-based firms and the NLJ 250 and AmLaw 200 firms that already have offices there. I also checked the Laterals Report to see whose partners had been moving in and out of London in the last few years.


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Just Released Three Reports

2006 NLJ 250


The Global 100

 

 

& 2006 Tech History Survey


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